diff --git a/sdk/ruby/CHANGELOG.md b/sdk/ruby/CHANGELOG.md
index 4c962fb0f0..c9ca6ca320 100644
--- a/sdk/ruby/CHANGELOG.md
+++ b/sdk/ruby/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Chain Ruby SDK
 
+## 1.0.3 (March 2, 2017)
+
+* Relax minimum Ruby version requirement from 2.1 to 2.0. While the Ruby SDK is now compatible with Ruby 2.0, we strongly recommend using Ruby 2.1 or greater, since Ruby 2.0 has reached end-of-life and is no longer receiving critical security updates.
+
 ## 1.0.2 (February 21, 2017)
 
 * Syntax compatibility update
diff --git a/sdk/ruby/README.md b/sdk/ruby/README.md
index 35b8fca626..ff2acdbe5f 100755
--- a/sdk/ruby/README.md
+++ b/sdk/ruby/README.md
@@ -11,7 +11,7 @@ Ruby 2.0 or greater is required. We strongly recommend upgrading to Ruby 2.1 or
 For most applications, you can simply add the following to your `Gemfile`:
 
 ```
-gem 'chain-sdk', '~> 1.0.2', require: 'chain'
+gem 'chain-sdk', '~> 1.0.3', require: 'chain'
 ```
 
 ### In your code
diff --git a/sdk/ruby/lib/chain/version.rb b/sdk/ruby/lib/chain/version.rb
index 62fce95ef8..43a4086d9c 100755
--- a/sdk/ruby/lib/chain/version.rb
+++ b/sdk/ruby/lib/chain/version.rb
@@ -1,3 +1,3 @@
 module Chain
-  VERSION = '1.0.2'
+  VERSION = '1.0.3'
 end